연구보고서IMF Working Paper 12-250
Social Spending in Korea: Can it Foster Sustainable and Inclusive Growth?
- 청구기호
- WP 12-250
- 발행사항
- Washington,D.C : IMF, 2012
- 형태사항
- 21 p. :. PDF file ;. 1195 KB
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소장정보
위치 | 등록번호 | 청구기호 / 출력 | 상태 | 반납예정일 |
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E0001089 | 대출가능 | - |
이용 가능 (1)
- 등록번호
- E0001089
- 상태/반납예정일
- 대출가능
- -
- 위치/청구기호(출력)
책 소개
Going forward, Korea faces two closely related challenges: sustaining economic growth against the backdrop of a rapidly aging population and ameliorating income inequality. This paper argues that a gradual increase in social spending could promote more sustainable and inclusive growth in Korea. In particular, simulation results suggest that social spending which supports labor market reforms can boost longer-term growth. However, despite rapid increases recently—albeit from a low base—there is still a social spending gap relative to Korea’s OECD peers. Because of several fiscal challenges in the coming decades, increases in social spending should be incremental, and would be usefully guided by a longer-term fiscal framework.